Transcript, Friday 2-15: Tom the reluctant bear edition

[09:15:50 am] Tom Malone: REPEAT FROM EARLIER WE TOOK OFF VFC 25% IN IRA and WILL CLOSE SCO AT MARKET OPEN IRA
[09:15:55 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$
[09:18:53 am] Tom Malone: MINI ES 50% short 1519.50
[09:19:00 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$
[09:19:52 am] Tom Malone: 37.01 SCO
[09:19:58 am] Tom Malone: IRA TAKEN OFF
[09:29:02 am] Brian Shim: heavy bids
[09:31:54 am] Tom Malone: VFC 2/14 25% 152.21 155.25 2.00% 0.50%
[09:32:10 am] Tom Malone: VFC we are out of the position
[09:32:22 am] Tom Malone: VFC we are out of In IRA
[09:32:49 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$156.00 25%
[09:32:59 am] Tom Malone: was last out
[09:33:28 am] Tom Malone: VFC 2 25% positions out 154.00 out 156.00 Flat VFC
[09:33:37 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[09:34:19 am] sharon stelzl: Tom, I have to travel for a dental appointment today. Can you give me your best thoughts on how to position for next week if I am unable to check back in later?
[09:34:53 am] Tom Malone: BIDU and TCK EXITED HERE AT
[09:34:58 am] Tom Malone:
TCK 2/7 25% 34.50 33.71 -2.29% -0.57%

BIDU 2/12 25% 95.55 95.32 -0.24% -0.06%
[09:35:12 am] sharon stelzl: Do youexpect volatility to return next week?
[09:35:17 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[09:35:22 am] Tom Malone: Hi Sharon
[09:35:31 am] sharon stelzl: Hi Tom
[09:35:32 am] Tom Malone: I think it will return today
[09:35:44 am] Tom Malone: and should stay with us for awhile
[09:36:01 am] Tom Malone: I am going to cash IRA ex TLT
[09:36:14 am] Tom Malone: and keeping shorts with tight stops
[09:36:15 am] sharon stelzl: Out ELLI this am at 23.75
[09:36:21 am] Tom Malone: upside is limited
[09:36:31 am] Tom Malone: Great TRADE SHARON
[09:36:58 am] Tom Malone: That was alot of money this group made on ELLIE MAE for Valentines day
[09:37:02 am] Tom Malone: and VFC
[09:37:03 am] sharon stelzl: Also dumped SCO
[09:37:08 am] Tom Malone: those are great profits
[09:37:16 am] Tom Malone: SCO great
[09:37:28 am] Tom Malone: still like to get more
[09:37:40 am] Patty johnson: I think we sell off looking for 21.25 top
[09:37:42 am] Tom Malone: So happy you can profit in this tough market
[09:37:47 am] Tom Malone: we are doing well
[09:37:51 am] Patty johnson: trying a short there
[09:38:09 am] Tom Malone: and every bit adds up SOME HUGE GAINS IN ELLI VFC OPTIONS TOO
[09:38:16 am] Tom Malone: for you options folks
[09:38:21 am] Tom Malone: Really BIG
[09:38:46 am] sharon stelzl: I still have some hedges short and a small position in the YEN–reasonable to hold over the weekend??
[09:38:47 am] Tom Malone: TY Patty
[09:39:02 am] Tom Malone: Odds are pretty good with some shorts scalps
[09:39:55 am] Patty johnson: Marty Schwartz said resistance 22 area
[09:39:57 am] Tom Malone: Yes Sharon I would hold
[09:40:22 am] Tom Malone: Agree major resitance 22.50
[09:40:27 am] sharon stelzl: TY, Tom
[09:40:35 am] Brian Shim: TY Patty for sharing!
[09:40:52 am] Tom Malone: I cannot see it breaking out unless news and then it should be given back
[09:41:04 am] Brian Shim: Marty is one of the market wizards
[09:41:11 am] Tom Malone: YW
[09:41:12 am] Patty johnson: also day before and after presidents day are usually negative
[09:41:18 am] Tom Malone: yes
[09:41:30 am] Tom Malone: Both today and Tuesday historically down
[09:41:43 am] Tom Malone: G-20
[09:41:44 am] Brian Shim: I am looking at 1522.50 and 1526
[09:41:46 am] Tom Malone: and opex
[09:41:48 am] Tom Malone: ?
[09:41:54 am] Tom Malone: we will have to see
[09:42:10 am] Tom Malone: NAZ helping today
[09:42:12 am] Tom Malone: AAPL
[09:42:30 am] Patty johnson: gold and crude crushed can’t he;p market
[09:42:32 am] Tom Malone: Trader VIC buy signal
[09:42:40 am] Brian Shim: TY Tom
[09:42:58 am] Tom Malone: Cannot believe how the currency wars have lkilled GOLD
[09:43:08 am] Tom Malone: feel bad for long GC guys
[09:43:12 am] Tom Malone: really pounded
[09:44:36 am] Uncle Fred: is the RISKO Meter at 10??
[09:44:42 am] sharon stelzl: Do you think Gold might reverse next week?
[09:44:50 am] Tom Malone: 10 on the open
[09:44:55 am] Tom Malone: again right at highs
[09:45:04 am] Uncle Fred: woulda been nice to know…coulda dropped some ANVILS
[09:45:07 am] Tom Malone: it is stuck I think needs WD 40
[09:45:08 am] Uncle Fred: :-)
[09:45:17 am] Tom Malone: from 1516-1518 and 1520
[09:45:21 am] Tom Malone: all this week
[09:45:31 am] Tom Malone: VERY HIGH ES DAY TRADE RISK
[09:45:34 am] Brian Shim: yes
[09:48:08 am] Tom Malone: STOPS AT 1522.50 MINI $$$$$$$$$$$$$$$$$$
[09:49:05 am] Juan Ness: short term on oil – lower?
[09:49:41 am] rob ray: long uco 31.33
[09:51:34 am] Karen P: div since the open on CL
[09:52:13 am] Karen P: michigan sentiment in 3m
[09:53:59 am] Brian Shim: Below 1518.25, the shorts working
[09:54:42 am] sharon stelzl: do you think gold bounces next week?
[09:54:47 am] Karen P: joe in TPP says this is a tough market and just because there
[09:54:57 am] Karen P: s selling doesn’t mean it’s going to break
[09:55:05 am] Karen P: on ES
[09:57:36 am] Karen P: sharon look for triggers here
[09:57:37 am] Karen P: http://fibarchie.com/GCD1
[09:57:50 am] Karen P: he’s looking for 1620 spot
[09:58:15 am] sharon stelzl: TY Karen
[09:59:32 am] sharon stelzl: TY Tom and Team TTT — will try to check in later…meanwhile hope this market is getting ready to turn!!!!
[10:00:15 am] jeremy tan: 10 am high?
[10:01:48 am] Patty johnson: short 21.50
[10:03:15 am] Uncle Fred: looking to SHORT X ZONE
[10:05:05 am] Tom Malone: is the X zone where I get stopped uncle Fred !!!! Ouch !!! 22.50 !!!!
[10:07:57 am] Uncle Fred: has to be above….
[10:08:13 am] Uncle Fred: 23.25
[10:09:49 am] Karen P: x zone a magnet!
[10:09:53 am] Karen P: what are they for today unc?
[10:10:00 am] Karen P: i didn’t get e-mai;
[10:10:02 am] Uncle Fred: TZ2 she tend to make a move up we will see
[10:10:18 am] Uncle Fred: 10:08-10:12
[10:11:41 am] Tom Malone: HARD HAT WARNING EXTREME CALL BUYING
[10:11:43 am] Tom Malone: ISEE
[10:11:43 am] rob ray: out uco 31.48+.15 31.45 +.12
[10:11:48 am] Cheri White: Hi Tom, driving to New Orleans for a job. Have a nice day and weekend.
[10:12:09 am] Cheri White: thanks bye
[10:12:16 am] Tom Malone: TY Cheri
[10:12:21 am] Tom Malone: Drive safe
[10:12:42 am] Karen P: be careful!
[10:12:47 am] Tom Malone: Be Careful and GodSpeed Cheri !
[10:15:55 am] Uncle Fred: no SOS looking fpor EC to go RED and willadd some more anvils
[10:23:01 am] Tom Malone: GOLD OH MY
[10:23:53 am] Brian Shim: good scalp Patty
[10:23:58 am] greg e: 1595 next stop….
[10:23:58 am] Karen P: gold a red river
[10:24:03 am] paul philp: AKAM kicking it
[10:24:22 am] paul philp: yep
[10:24:39 am] Tom Malone: 42.50
[10:24:42 am] Tom Malone: dang
[10:25:06 am] paul philp: my next target was $40.15
[10:25:12 am] Tom Malone: nice
[10:25:27 am] paul philp: $41.4
[10:25:39 am] paul philp: entry before earnings
[10:28:49 am] Tom Malone: TY
[10:28:56 am] Tom Malone: OIL
[10:29:00 am] Tom Malone: UGLY break
[10:29:12 am] Tom Malone: this could be some type of major move
[10:29:21 am] Tom Malone: Dollar stronger
[10:29:27 am] Tom Malone: UUP calls doing well
[10:29:28 am] Patty johnson: Danny Riley says all sorts of buy stops up to 36
[10:29:36 am] Patty johnson: 26
[10:29:51 am] Tom Malone: we won’t see 36 this quarter or next !
[10:29:58 am] rob ray: long uco 31.31
[10:29:58 am] Tom Malone: might not see 25 /
[10:30:45 am] Patty johnson: ouy 19.75
[10:30:57 am] Brian Shim: nice Patty
[10:31:03 am] Patty johnson: thx
[10:31:08 am] Brian Shim: breaking now
[10:31:30 am] Brian Shim: but could be a fake to draw sellers
[10:31:41 am] rob ray: uco31.29 add
[10:32:00 am] Patty johnson: long 19 lol thanks tom
[10:32:07 am] Tom Malone: WTG
[10:32:31 am] Tom Malone: forget all those grey beards and trade what you see …take a shot on High risk
[10:33:04 am] Brian Shim: true, it is either pull the trigger or not
[10:33:10 am] Tom Malone: MINI TOOK PROFITS HERE 1518.50
[10:33:19 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[10:33:28 am] Tom Malone: MINI FLAT will reenter short
[10:34:58 am] Brian Shim: nice tom.
[10:35:14 am] Brian Shim: I do not trade on expiration,as you know
[10:35:20 am] Brian Shim: just watching
[10:38:11 am] rob ray: last adduco 31.22
[10:38:22 am] jeremy tan: any comments on the yen? IT bottom happened?
[10:40:13 am] Karen P: if yen is going to retest where it broke out from, that would be 30 pips south of here
[10:40:18 am] Brian Shim: 1518 yest POC, test
[10:41:16 am] Karen P: talking to a friend who was short bonds in o/n
[10:41:20 am] Karen P: now thinking of a long
[10:41:36 am] Karen P: to me it looks like small hs with nl at 10
[10:41:53 am] Karen P: implications for es too of course
[10:42:32 am] Karen P: i’m just looking at the zb
[10:43:04 am] Karen P: elli half gap fill, good you got out yday
[10:43:12 am] Patty johnson: added 18.50
[10:43:37 am] Karen P: elli still up a buck
[10:45:30 am] Tom Malone: MINI ACC’T WILL SHORT 50% Here ES at 1519.50 Stops 1522.50 Take profits 1518.00
[10:46:33 am] Brian Shim: tail wind for Patty
[10:46:37 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$
[10:46:49 am] Tom Malone: SHORTS FILLED
[10:47:11 am] Patty johnson: out 20
[10:58:37 am] Tom Malone: ADDING 50% Short here ES 1520.50 NOW 100% Short MINI account leveraged short Traders and nearing cash IRA
[10:59:06 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[11:00:29 am] rob ray: out uco 31.42 +.20 +.13
[11:01:00 am] Tom Malone: Great trading ROB !!!!!
[11:01:06 am] Tom Malone: TY
[11:01:10 am] Tom Malone: for the posts
[11:01:12 am] rob ray: ty
[11:03:55 am] Tom Malone: stops on all 100% Mini shorts now at 1523.50
[11:04:02 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$
[11:04:14 am] Tom Malone: MINI all stops at 1523.00
[11:06:02 am] Tom Malone: TLT breaking
[11:06:06 am] Tom Malone: OIL breaking
[11:06:10 am] Tom Malone: GOLD Broken
[11:06:15 am] Tom Malone: Silver broken
[11:06:23 am] Tom Malone: Bull over in PM’S ?
[11:06:47 am] Tom Malone: Lots of Cross Currents
[11:06:58 am] Tom Malone: Gotta know what is affecting your trades
[11:07:24 am] Tom Malone: will this end up as a UP week ????
[11:09:43 am] Patty johnson: gold about to breal 1600
[11:11:16 am] Tom Malone: Amazing dumpage
[11:11:25 am] Tom Malone: really scary out there ???
[11:11:30 am] Tom Malone: Halloween /
[11:11:52 am] Tom Malone: VMC Vulcan the chart of the day
[11:12:00 am] Tom Malone: VMC on a roll
[11:12:04 am] Tom Malone: stops 53.00
[11:12:07 am] Karen P: TPP looking for high to be tested …
[11:12:55 am] Tom Malone: TTT Is Short tem bearish INt term bearish long term neutral
[11:14:10 am] paul philp: tower stocks starting to show some strength
[11:14:20 am] paul philp: AMT CCI
[11:15:36 am] Karen P: humph uncle and todd are short
[11:15:48 am] Karen P: either this is RS or it isn’t
[11:17:59 am] jeremy tan: i thought u guys were long term very bullish?
[11:18:18 am] Karen P: talking intraday
[11:24:02 am] Tom Malone: Tom Malone: TTT Is Short tem bearish INt term bearish long term neutral
[11:24:39 am] Tom Malone: We have moved our stance here today to SHORT TERM BEARISH INTER TERM BEARISH LONG TERM NEUTRAL
[11:25:01 am] Brian Shim: yes
[11:25:44 am] Karen P: this has to correct sometime, everybody knows that
[11:26:01 am] Karen P: meanwhile that attitude keeps fueling it higher
[11:26:05 am] Karen P: says capt obvious
[11:26:30 am] Karen P: difficult limbo time
[11:27:06 am] Karen P: was seeing that this is first week of net redemptions
[11:29:13 am] TTT Hedge: TTT Members…Please make sure you fill out the Constant Contacts Sign-up Form that was sent eariler this week….We want you to be receiving ALL e-mails….this form MUST be filled out…Thanks
[11:29:49 am] TTT Hedge: There are still several members that have not signed the form
[11:31:50 am] Tom Malone: TTT MINI TAKING PROFITS HERE 100% at 1518.50
[11:32:25 am] Patty johnson: long 18.50
[11:32:26 am] Tom Malone: More profits locked in here
[11:32:35 am] Tom Malone: Risk 7
[11:32:36 am] Tom Malone: 7
[11:32:37 am] Tom Malone: 7
[11:32:45 am] Tom Malone: not much room for a bounce
[11:32:49 am] Tom Malone: be careful
[11:34:01 am] Brian Shim: long weekend
[11:34:41 am] Tom Malone: yes
[11:34:52 am] Tom Malone: everyone going to see where they are ?
[11:34:57 am] Tom Malone: at 4:00pm
[11:35:11 am] Tom Malone: do they want to be leveragd long into a falling market ?
[11:35:18 am] Tom Malone: I do not think so ?
[11:36:31 am] Tom Malone: ADDING 50% LONG TLT HERE IRA 116.25
[11:36:38 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[11:36:55 am] Tom Malone: IRA long here more TLT at 116.25
[11:37:14 am] Tom Malone: The CME stock indexes will close early Monday, February 18th at 10:30a CDT and will not re-open until 5:00p CDT. cmegroup.com/tools-informat…
[11:40:12 am] Tom Malone: IRA will take a 25% position in SDS 2x short SPX in the IRA $$$$$$$$$$$$$$$$$$$$$
[11:40:31 am] Brian Shim: falling thru ice
[11:40:39 am] Tom Malone: 47.22 SDS long in IRA
[11:41:18 am] Tom Malone: IRA is net hedged with TLT and SDS
[11:41:31 am] Tom Malone: market is breaking here
[11:41:31 am] rob ray: long uco 31.29
[11:41:56 am] Tom Malone: careful on the longs …IMHO on anything long ….caution …
[11:42:01 am] Tom Malone: TTT
[11:43:44 am] Uncle Fred: covering some short 17
[11:43:47 am] Uncle Fred: 3pts
[11:46:23 am] Karen P: anvils worked huh
[11:47:37 am] Uncle Fred: It was a BIG ANVILS….
[11:47:45 am] Uncle Fred: hard to swallow
[11:48:35 am] greg e: my eeloit guy who has been pretty good thinks we bottomed
[11:48:44 am] greg e: elliot wave guy
[11:48:45 am] Karen P: not supposed to swallow them :D
[11:49:12 am] Karen P: carley garner looking for bottom on gold at 1570s like last year
[11:49:23 am] Karen P: nibble 1590 she says
[11:50:31 am] Tom Malone: MINI will take a LONG scalp here in ES here at 1517.50 stops 1513.50
[11:50:53 am] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[11:50:57 am] Tom Malone: Risk 4
[11:50:59 am] Karen P: EW bottom on what tf?
[11:51:02 am] Tom Malone: risk 4
[11:51:16 am] greg e: gold
[11:51:19 am] Tom Malone: 50% MINI
[11:51:26 am] Tom Malone: %$$$$$$$$$$$$$$$$$$$$
[11:51:51 am] Tom Malone: Take Profits at 1518.50
[11:51:56 am] Tom Malone: if filled
[11:55:39 am] Karen P: this would be retest of neckline on intraday HS if you want to look at it that way (ES)
[11:56:13 am] Karen P: same thing on bonds though! battle of the HS
[11:57:36 am] greg e: all this and we are only up 4.5 from last fridays close
[11:57:56 am] Tom Malone: 50% position on ES is Filled and Profits taken $$$$$$$$$$$$$$$$$$
[11:58:08 am] Tom Malone: MINI is Flat idf FILLED
[11:58:23 am] Tom Malone: 1518.50 limit
[11:58:27 am] Tom Malone: still in
[11:58:56 am] Tom Malone: looking at wrong contract 1518.50 limits in
[11:59:03 am] Tom Malone: still not filled
[11:59:32 am] Tom Malone: Greg : I would not doubt if we end – on the week ???
[12:00:30 pm] Tom Malone: filled 1518.50 MINI FLAT
[12:00:36 pm] rob ray: out uco 31.39 +10
[12:00:41 pm] Tom Malone: MINI IS FLAT $$$$$$$$$$$
[12:00:55 pm] Tom Malone: Smallest trading range in a decade
[12:00:58 pm] Tom Malone: this week
[12:01:03 pm] Tom Malone: ——-
[12:01:24 pm] Tom Malone: very low volume on no price appreciation = correction or choppy
[12:03:14 pm] Karen P: this is TPP sell zone
[12:04:05 pm] Tom Malone: breakdown area /
[12:04:09 pm] Karen P: if no good move down, then range which would not be a big surprise on opex
[12:04:19 pm] Karen P: esp with mon a holiday
[12:04:23 pm] Tom Malone: never made it to the earlier mentioned 1523 /
[12:04:39 pm] Karen P: forgot to take its viagra
[12:05:04 pm] Karen P: everybody have a good valentine’s day? :)
[12:06:53 pm] Tom Malone: exhausted
[12:07:04 pm] Tom Malone: will take another year to get recharged
[12:08:28 pm] Karen P: hahaha
[12:08:32 pm] Karen P: that good huh
[12:10:42 pm] Patty johnson: long NQ 65.50
[12:12:15 pm] Tom Malone: 4
[12:12:16 pm] Tom Malone: 4
[12:12:16 pm] Tom Malone: 4
[12:12:17 pm] Tom Malone: 4
[12:13:58 pm] Brian Shim: heavy selling
[12:14:24 pm] Karen P: naz at IBL X 1.5
[12:14:39 pm] Karen P: = supports long
[12:15:19 pm] Tom Malone: TTT MINI WILL SCALP LONG HERE 25% in the ES here at 1516.00 stops 1511.50
[12:15:52 pm] Tom Malone: Target to take profits here at 1517.50
[12:16:03 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[12:16:20 pm] rob ray: long tqqq 57.89
[12:17:23 pm] Karen P: this is yday close/IB low x 2
[12:17:28 pm] Karen P: see what it’s got
[12:18:49 pm] Karen P: wait, this is not yc
[12:18:58 pm] Karen P: my thing is messed up
[12:19:32 pm] Tom Malone: Again we exited all of our longs in the IRA and got net short on ALL timeframes
[12:25:46 pm] Tony Pretto: does option expiration have an effect?
[12:25:54 pm] Tom Malone: ABSOLUTELY
[12:26:03 pm] Tom Malone: both price wise and sentiment wise
[12:26:14 pm] Tom Malone: we usually undo what is done on opex
[12:26:15 pm] Tony Pretto: short covering?
[12:26:20 pm] Tom Malone: the next day of trading
[12:26:23 pm] Tom Malone: ex FEB !
[12:26:27 pm] Tom Malone: So weird
[12:26:32 pm] Tom Malone: and very tough
[12:29:07 pm] Tom Malone: STOPS ON MY MINI LONG NOW AT 1512.00
[12:29:28 pm] Tom Malone: target for profits 1517.50
[12:30:43 pm] TTT Hedge: JY Hit high and low levels…lots of volatility in Yen
[12:31:14 pm] Karen P: hey x zones for yen!
[12:31:31 pm] rob ray: out tqqq57.98+.09
[12:31:56 pm] TTT Hedge: One of TPP members trades Yen actively and he calls it the “Asian RoadRunner”…he nailed both edges today
[12:32:07 pm] Karen P: who is that?
[12:32:18 pm] TTT Hedge: Pete Peterre
[12:32:23 pm] Karen P: ah
[12:32:28 pm] Karen P: yen been very active
[12:32:42 pm] Karen P: you guys used to trade euro a lot in the room!
[12:32:55 pm] Tom Malone: MDLZ we will exit the 10% position here at 26.77 10% exited
[12:33:03 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[12:33:06 pm] Karen P: speaking of nailing big trades, tpp got 21 to 15 today didn’t they?
[12:33:36 pm] TTT Hedge: yes they did…all documented “in advance”
[12:33:49 pm] Uncle Fred: :-)
[12:33:58 pm] Karen P: you got an excellent crystal ball
[12:34:09 pm] Uncle Fred: Voo Doo Balck Magic
[12:34:18 pm] Karen P: what are these syncs saying?
[12:34:19 pm] Tom Malone: Good job guys
[12:35:00 pm] Karen P: they have patience, they’re like the cat that ate cheese so it could wait at the mousehole with baited breath
[12:35:26 pm] Tom Malone: HUH ?
[12:35:27 pm] Tom Malone: lol
[12:35:28 pm] Tom Malone: !
[12:35:35 pm] Tom Malone: I got lost on cheese
[12:36:38 pm] Tom Malone: STOPS ON ES MINI LONG 1515.00 now
[12:36:40 pm] Karen P: cheese, baited
[12:36:42 pm] Karen P: :P
[12:36:50 pm] Tom Malone: UPPING STOPS to 1515.00
[12:36:59 pm] Tom Malone: RISK rising on small pops
[12:37:43 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$ STOPS 1515.00 ES MINI
[12:38:12 pm] Tom Malone: Risk actually now rising on no movement
[12:38:23 pm] Tom Malone: pretty good sign momentum has stopped
[12:42:28 pm] Brian Shim: Tom, risk now?
[12:46:24 pm] Karen P: DIE HLF
[12:46:30 pm] Karen P: WE ALL KNOW YOU ARE A SCAM
[12:48:29 pm] rob ray: long uco31.42
[12:48:53 pm] Karen P: high risk short here, todd in tpp is passing because of zone it is in
[12:48:53 pm] Patty johnson: out NQ 67.50 2 ticks
[12:48:58 pm] Uncle Fred: Good Long trade TOM Malone!!
[12:49:21 pm] Karen P: tom likes to skim the cream
[12:49:42 pm] Karen P: leave the milk for somebody else :)
[12:52:09 pm] Tom Malone: 1517.50 WE LOCKED IN MORE PROFITS HERE $$$$$$$$$$$$
[12:52:25 pm] Patty johnson: your office makes some interesting noises Tom
[12:52:28 pm] Tom Malone: all CLEAR
[12:52:35 pm] Tom Malone: TY Karen and UNC FRED
[12:52:46 pm] Patty johnson: nice trade
[12:52:49 pm] Tom Malone: still like LOWS OF THE DAY ON THE CLOSE
[12:53:00 pm] Tom Malone: TY Patty YOU TOO !!!!!!
[12:53:05 pm] Tom Malone: Nice bounce NQ
[12:53:58 pm] Tom Malone: I am pretty uncharectistic bearish into March
[12:54:05 pm] Tom Malone: and not normal for me
[12:54:15 pm] Tom Malone: as my long term members will tell you
[12:54:24 pm] Tom Malone: I spend 98% of the time long
[12:54:33 pm] Tom Malone: short is not my way of trading
[12:54:35 pm] Tom Malone: at all
[12:55:03 pm] Tom Malone: Bull Pattern Traders is how I was trained and it is a Bull but we have topped in here
[12:55:19 pm] rob ray: add uco 31.39
[12:58:26 pm] Karen P: tom bull by nature, bear by necessity
[12:59:38 pm] Tom Malone: Absolutely
[01:01:35 pm] Tom Malone: VXX
[01:01:50 pm] Tom Malone: if 1520-22 is hit we will go into VXX
[01:02:36 pm] Craig Ullery: Another fine article from Tom McClellan: http://www.mcoscillator.com/learning_center/weekly_chart/feds_pomos_keep_market_aloft/
[01:02:59 pm] Craig Ullery: Very interesting and helps explain why the market been in a one-way direction with “no consequences”.
Also includes a link to POMO purchasing schedule, which Zags often refers to.
The Fed certainly knows how to blow bubbles.
[01:03:22 pm] Tom Malone: 100% Correct
[01:03:26 pm] Tom Malone: very good work
[01:03:27 pm] Tom Malone: TY
[01:06:51 pm] Victor skulicz: great work, first class.
[01:07:23 pm] Victor skulicz: my worry is “how much longer can his continue?” in theory market can double from here IMO, if the fed keeps on being the marginal buyer
[01:08:48 pm] Tom Malone: FED now has to worry about rates
[01:08:54 pm] Uncle Fred: TOm wheres your RISKO METER???
[01:08:56 pm] Tom Malone: harder to sell onds
[01:09:02 pm] Victor skulicz: yes, good point
[01:09:04 pm] Tom Malone: and they have trillions to sell
[01:09:19 pm] Tom Malone: they should slow this thing down and get rates back down
[01:09:24 pm] Victor skulicz: wont they just hold them into expiry?
[01:09:37 pm] Tom Malone: RISKOMETER HIGH still at 6
[01:09:38 pm] Tom Malone: 6
[01:09:39 pm] Tom Malone: 6
[01:09:39 pm] Tom Malone: 6
[01:09:51 pm] Tom Malone: should in a bull be at 2-4
[01:10:01 pm] Tom Malone: I think the bears have a edge here
[01:10:19 pm] Tom Malone: rather be shorting rallies unless we get a 2
[01:10:21 pm] Tom Malone: 2
[01:10:25 pm] Tom Malone: I will scalp long
[01:11:48 pm] Tom Malone: This could be one of dozens in the last 3 weeks of COC
[01:12:01 pm] Tom Malone: Change of characters off a tremendous Thrust
[01:12:19 pm] Tom Malone: like we had the 1st 2 days with 2 days of 10-1 up down vol
[01:12:26 pm] Tom Malone: are really hard to stop
[01:12:36 pm] Tom Malone: they typically last 8 weeks
[01:12:42 pm] Tom Malone: and we are right there
[01:16:17 pm] rob ray: out uco 31.50+.11 .08
[01:17:33 pm] Tom Malone: WTG ROB …keep hittin em
[01:17:35 pm] Tom Malone: TY
[01:18:27 pm] Tom Malone: MINI 50% short here at 1518.50 stops 1522.50 take profits at 1516.00
[01:18:36 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[01:18:43 pm] Tom Malone: 7 RISK
[01:20:55 pm] Tom Malone: Meteor coming at us …so might as well short into a Bull ?
[01:21:01 pm] Tom Malone: same results !
[01:22:26 pm] Karen P: todd in tpp says more downside unless/until 18.50s taken out
[01:22:35 pm] Tom Malone: agree
[01:22:49 pm] Karen P: you know them, they are all about structure
[01:22:52 pm] Tom Malone: Todd must be good !!!!!!!
[01:22:55 pm] Karen P: “it is a structure video game”
[01:23:02 pm] Karen P: he really knows the system
[01:23:08 pm] Karen P: it isn’t that hard to learn
[01:23:14 pm] Karen P: just hard to quit your cowboy ways
[01:23:38 pm] Tom Malone: Mama’s don’t let you …uh oh ?
[01:24:07 pm] Karen P: that’s right, trade like tpp and make money like doctors and lawyers and such
[01:24:29 pm] Uncle Fred: S 18
[01:24:37 pm] Karen P: good reaction off that area
[01:24:40 pm] Patty johnson: sell off into the close that would be something different
[01:24:49 pm] Tom Malone: Yes COC
[01:24:52 pm] Tom Malone: all week
[01:24:54 pm] Karen P: just when we are least expecting it!
[01:24:59 pm] Tom Malone: Changes in character
[01:25:37 pm] Tom Malone: UNCLE fred we have seen this 1518 several times this month ???
[01:25:52 pm] Tom Malone: 1518.00 has been the place to dance
[01:26:35 pm] Tom Malone: bad ticker on NQ …looking weeeeeeakker
[01:29:31 pm] Karen P: 13.50?
[01:29:44 pm] Karen P: no
[01:29:45 pm] Tom Malone: http://finviz.com/futures_charts.ashx?t=ES&p=h1
[01:30:14 pm] Karen P: 12.50
[01:30:42 pm] Tom Malone: 8 straight weeks up SPX cash ?
[01:30:45 pm] Tom Malone: I believe
[01:31:55 pm] Uncle Fred: RISKo Meter???
[01:32:30 pm] Tom Malone: 999999
[01:32:31 pm] Tom Malone: (
[01:32:32 pm] Tom Malone: (
[01:32:33 pm] Tom Malone: (
[01:32:36 pm] Tom Malone: 99999
[01:35:11 pm] rob ray: long spxu 30.71
[01:44:07 pm] rob ray: add 30.69
[01:47:37 pm] rob ray: hedge time
[01:47:39 pm] Tom Malone: TY
[01:49:59 pm] Tom Malone: THIS 1518.50 REALLLLLLLLLLY KEY GOLD BONDS all closing
[01:50:11 pm] Tom Malone: atomic bomb like meteor
[01:50:19 pm] Tom Malone: we are under attack ?
[01:51:03 pm] Tom Malone: nice bounce there
[01:51:12 pm] Tom Malone: short covering
[01:51:22 pm] Tom Malone: a/d back to =====
[01:51:38 pm] Tom Malone: another 2 hours of bull …..
[01:51:42 pm] Tom Malone: 10 risk
[01:51:46 pm] Tom Malone: 10 risk
[01:51:50 pm] Tom Malone: hard hats on
[01:51:57 pm] Tom Malone: 1519.00
[01:52:02 pm] Tom Malone: 10 risk
[01:57:04 pm] Patty johnson: long CL 96.48
[01:57:15 pm] Patty johnson: 95
[02:02:17 pm] Tom Malone: ISE Call Put RATIO Very Extreme
[02:02:24 pm] Tom Malone: Rare
[02:02:29 pm] Tom Malone: but could be OPEX
[02:03:15 pm] Tom Malone: 1.5% SPX has been the winner world wide !
[02:03:25 pm] Tom Malone: SPX up 1.5% for FEB ?
[02:03:34 pm] Tom Malone: and it leads the world markets ?
[02:03:43 pm] Tom Malone: Dow down for FEB ?
[02:03:47 pm] Tom Malone: we will see
[02:03:53 pm] Tom Malone: sector rotation
[02:03:55 pm] Patty johnson: out CL ouch
[02:04:07 pm] Tom Malone: ES very bullish Banks XLF XLI XLV
[02:04:31 pm] Tom Malone: TY Patty ..Nice effort….new lows not expected there
[02:08:36 pm] rob ray: out spxu 30.77+.08 .06
[02:08:51 pm] rob ray: ty
[02:10:10 pm] Tom Malone: MINI will lock in PROFITS HERE AT 1516.75 MINI FLAT
[02:10:27 pm] Tom Malone: AAPL looking weak
[02:10:32 pm] Tom Malone: HARD HATS OUT
[02:14:25 pm] Tom Malone: RISK dropping here to 5
[02:14:26 pm] Tom Malone: 5
[02:14:27 pm] Tom Malone: 5
[02:14:27 pm] Tom Malone: 5
[02:14:28 pm] Tom Malone: 5
[02:14:40 pm] Tom Malone: Great trade off high risk again
[02:14:44 pm] Tom Malone: very well played
[02:16:50 pm] Karen P: cl went right to monday x zone
[02:18:18 pm] Tom Malone: MINI will go long for a scalp here at MINI ES LONG HERE AT 1515.00 stops 1511.00 25% TTT MINI LONG 1
[02:18:41 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:19:25 pm] Tom Malone: TRADERS SPXU stops at BREAK even now
[02:19:41 pm] Tom Malone: TRADERS SPXU TRADERS
[02:21:09 pm] Tom Malone: TRADERS TAKING PROFITS SPXU 31.00 OFF IN TRADERS
[02:21:59 pm] Tom Malone: TRADERS TAKING MAJOR $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ON THE SWING SHORT STILL LEVERAGED SHORT TRADER SWING ACCOUNT
[02:23:05 pm] rob ray: nice hedge 19 min hour
[02:27:50 pm] rob ray: long tqqq 57.39
[02:29:02 pm] Uncle Fred: looking for X ZONE
[02:29:10 pm] Uncle Fred: for cover
[02:29:27 pm] rob ray: oil
[02:29:43 pm] paul philp: Look at XRT
[02:29:44 pm] Uncle Fred: XZONE to XZONE—-
[02:30:23 pm] Uncle Fred: can u say METEOR
[02:30:36 pm] Tom Malone: 01:31:54 pm] Uncle Fred: RISKo Meter???
[01:32:29 pm] Tom Malone: 999999
[01:32:31 pm] Tom Malone: (
[01:32:31 pm] Tom Malone: (
[01:32:32 pm] Tom Malone: (
[01:32:35 pm] Tom Malone: 99999
[01:35:10 pm] rob ray: long spxu 30.71
[01:44:06 pm] rob ray: add 30.69
[01:47:36 pm] rob ray: hedge time
[01:47:39 pm] Tom Malone: TY
[01:49:58 pm] Tom Malone: THIS 1518.50 REALLLLLLLLLLY KEY GOLD BONDS all closing
[01:50:10 pm] Tom Malone: atomic bomb like meteor
[01:50:18 pm] Tom Malone: we are under attack ?
[01:51:03 pm] Tom Malone: nice bounce there
[01:51:11 pm] Tom Malone: short covering
[01:51:22 pm] Tom Malone: a/d back to =====
[01:51:38 pm] Tom Malone: another 2 hours of bull …..
[01:51:41 pm] Tom Malone: 10 risk
[02:30:57 pm] Karen P: getting a little testy on the floor
[02:32:13 pm] Tom Malone: 7 handles off the 10 risk quickly
[02:34:11 pm] Tom Malone: CL futures are bandits
[02:34:14 pm] Karen P: screw max number of pple
[02:34:17 pm] Tom Malone: el banditos
[02:34:25 pm] Karen P: tpp uses 30-cent stop in CL’
[02:34:45 pm] Tom Malone: does it work ?
[02:34:50 pm] Tom Malone: I ise 15 cents
[02:34:54 pm] Karen P: there’s always qm
[02:34:58 pm] Karen P: half size cl
[02:35:35 pm] Tom Malone: stops on our MINI LONG NOW AT 1512.00 ES here
[02:35:42 pm] Karen P: cl just overshoots, it always pinocchios the levels
[02:35:55 pm] Tom Malone: MINI STOPS 1512.00
[02:36:32 pm] greg e: rpt that wal marts sales are the worse feb since 2006, stock getting hit
[02:36:43 pm] Tom Malone: mini stops now at 1512.50 here
[02:36:46 pm] Tom Malone: Bogey lit up on radar now – - $ES_F needing to push thru yday low and into prev MC range for material change of power.
[02:36:55 pm] Tom Malone: MINI FLAT at 1512.50
[02:37:01 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:37:12 pm] Tom Malone: MINI FLAT
[02:37:26 pm] Tom Malone: TRADERS still 100% leveraged short
[02:37:31 pm] Tom Malone: IRA short
[02:37:48 pm] Tom Malone: MASTERFUL MONEY SAVINGS AND MAKING
[02:37:58 pm] Tom Malone: TPP TTT GOOD READS
[02:38:07 pm] Karen P: big scary selloff, 8 handles
[02:38:08 pm] Tom Malone: ELLI
[02:38:11 pm] Tom Malone: VFC
[02:38:46 pm] Tom Malone: Took off stocks
[02:38:58 pm] Tom Malone: and entered more shorts …we are OK here
[02:39:07 pm] Tom Malone: safe into another tough day tuesday
[02:41:04 pm] Tom Malone: OPEX FRIDAY
[02:43:24 pm] Tom Malone: Spot $VIX moves into positive territory this afternoon
[02:43:33 pm] Tom Malone: Our VIX call SPOT ON ?????
[02:43:47 pm] Tom Malone: Alongside transparency comes mistakes – we make them, and learn from them, our loud on
[02:44:10 pm] greg e: might close down for the week
[02:50:34 pm] TTTMichael G: How low does this go? I awant to look to commodity type stocks at some point, probably after I sell my long Yen.
[02:51:09 pm] Tom Malone: Selling into March and then another attempt at highs
[02:51:14 pm] Tom Malone: and then Commodities
[02:51:16 pm] Tom Malone: I think
[02:51:41 pm] Tom Malone: Late march -May Go long Commodities and short bonds again ‘
[02:51:46 pm] Tom Malone: for now long bonds
[02:51:51 pm] Tom Malone: and short SPY
[02:52:14 pm] TTTMichael G: Good summary, for that to work over the short term, the Yen should rally.
[02:53:00 pm] Tom Malone: G-20
[02:53:12 pm] Tom Malone: need to be long YEN Long BP long DX
[02:53:21 pm] Tom Malone: like long currencies short stocks
[02:56:57 pm] rob ray: out tqqq 57.45 +.06
[02:57:22 pm] Karen P: some in tpp taking spec long off the x zone, todd is more cautious, he wants to see sign of strength
[02:58:26 pm] Tom Malone: TLT
[02:58:37 pm] Tom Malone: Options Alert calls Bought
[02:58:45 pm] Tom Malone: Nice W bottom here
[02:59:51 pm] Tom Malone: Reminder : This is the last day to get payments in and join at reduced rates ….Iwill accept e-mails and payments until 5:00pm then it will be over !!!
[03:00:30 pm] Tom Malone: Everyone must have a PAID PASSWORD on WEDNESDAY !!!!…So get with us now !!!!!
[03:00:40 pm] Tom Malone: tomandprisha@msn.com
[03:00:51 pm] Tom Malone: DOW down 2 weeks in a row
[03:00:54 pm] Tom Malone: WMT
[03:00:58 pm] Tom Malone: sales low
[03:01:08 pm] Tom Malone: and very much like I said about economy
[03:01:24 pm] Tom Malone: It is NOT SUPPORTIVE OF HIGHER STOCK PRICES
[03:01:46 pm] Tom Malone: Again call or e-mail me tomandprisha@msn.com
[03:01:52 pm] victor skulicz: gold really selling off here
[03:01:57 pm] Tom Malone: and david@tradepilotpro.com
[03:02:16 pm] Tom Malone: 15011-1524 looks fine for now $SPY
[03:02:30 pm] Tom Malone: FEB was slowest sales start in 7 years
[03:02:44 pm] Tom Malone: I am telling you the consumer has shut down
[03:02:52 pm] Tom Malone: COF a decent short
[03:03:46 pm] victor skulicz: tom the market its a currrency rebasement story not a consumer story I think?
[03:04:32 pm] victor skulicz: market took off after JPN plummeted
[03:04:36 pm] Tom Malone: Both …Consumer is 73% of the GDP and worldwide machine
[03:04:47 pm] victor skulicz: and george soros cleaned up
[03:04:51 pm] Tom Malone: a shutdown of US consumer is deathnell for Europe
[03:05:09 pm] Tom Malone: short europe banks and manufacturers
[03:05:16 pm] victor skulicz: iff currencies debase worldwide, then stocks rise, zimbabwe style
[03:06:09 pm] victor skulicz: tom has there ever been a time in your memory where the market rises while earnings fall?
[03:06:14 pm] victor skulicz: can you remember
[03:07:35 pm] Tom Malone: YES
[03:07:50 pm] Tom Malone: some really big recessions like 80-82
[03:07:56 pm] Tom Malone: and 07-09
[03:08:02 pm] Tom Malone: 29-31
[03:08:10 pm] victor skulicz: very difficult to trade that sort of market
[03:08:21 pm] Tom Malone: most of the time Earnings have to be vibrant
[03:08:28 pm] Tom Malone: yes
[03:08:45 pm] Tom Malone: the most money is made by buying the extreme economic panics
[03:08:55 pm] Tom Malone: like 30 80 and 09
[03:14:42 pm] victor skulicz: linda bradford rascke?
[03:15:00 pm] victor skulicz: great
[03:22:01 pm] Karen P: DIE HLF
[03:22:33 pm] Tom Malone: MINI will short ES here at 1514.50
[03:22:59 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[03:24:05 pm] Tom Malone: FB
[03:24:09 pm] Tom Malone: FTNT
[03:24:13 pm] Tom Malone: TROX
[03:24:17 pm] Tom Malone: HOLX
[03:24:21 pm] Tom Malone: TNGO
[03:24:24 pm] Tom Malone: BIDU
[03:24:29 pm] Tom Malone: VRSN
[03:24:33 pm] Tom Malone: SPLK
[03:24:36 pm] Tom Malone: AL
[03:24:39 pm] Tom Malone: CBI
[03:24:43 pm] Tom Malone: LNC
[03:24:47 pm] Tom Malone: CMI
[03:24:50 pm] Tom Malone: KMX
[03:24:52 pm] Tom Malone: HD
[03:24:56 pm] Tom Malone: ELLI
[03:24:59 pm] Tom Malone: WMB
[03:25:02 pm] Tom Malone: BAC
[03:25:05 pm] Tom Malone: PENN
[03:25:09 pm] Tom Malone: BMRN
[03:25:14 pm] Tom Malone: FDO
[03:25:17 pm] Tom Malone: SWI
[03:25:21 pm] Tom Malone: VFC
[03:25:25 pm] Tom Malone: BBY
[03:25:28 pm] Tom Malone: GDI
[03:25:32 pm] Tom Malone: DLB
[03:25:35 pm] Tom Malone: SLM
[03:25:39 pm] Tom Malone: FNSR
[03:25:43 pm] Tom Malone: CHKP
[03:25:47 pm] Tom Malone: SAP
[03:25:50 pm] Tom Malone: ALXN
[03:25:54 pm] Tom Malone: JNPR
[03:26:01 pm] Tom Malone: NVDA
[03:26:11 pm] Tom Malone: VNTV
[03:26:20 pm] Tom Malone: AKS X
[03:26:48 pm] Tom Malone: WE will cover at the 4:15pm close
[03:26:54 pm] Tom Malone: MINI $$$$$$$$$$$$$$$$$$$
[03:29:46 pm] Barbie .: tom did you see my sidebar?
[03:29:57 pm] Barbie .: lol
[03:30:06 pm] Barbie .: no worries
[03:33:17 pm] Barbie .: thanks tom!
[03:34:04 pm] Tom Malone: Financials $XLF are down 2nd most, but only down 50bps, cmon bears, get real
[03:36:52 pm] Tom Malone: 1518 $SPY, down 3 from the YTD high
[03:37:04 pm] Tom Malone: RISK 10 again here
[03:37:11 pm] Tom Malone: 1516.00
[03:37:19 pm] Tom Malone: TTT HIGH RISK
[03:37:24 pm] Tom Malone: 1516.00 ES
[03:38:44 pm] Tom Malone: $KORS, does that stock look like a bear market to you?
[03:39:08 pm] Tom Malone: 1512.50 CLOSE ES ?
[03:39:12 pm] Tom Malone: 4:15pm ?
[03:39:14 pm] Brian Shim: UP close again?
[03:39:36 pm] Raja Gopalan: 1517
[03:39:45 pm] Raja Gopalan: right at vwap
[03:40:00 pm] Karen P: i see it coming off vwap
[03:40:13 pm] jeremy tan: 1510
[03:40:19 pm] jay 22: 1513.25
[03:40:23 pm] Brian Shim: :-)
[03:40:25 pm] Cheri White: 1513.75
[03:40:28 pm] paul philp: 1514
[03:40:43 pm] Karen P: 14.25
[03:41:56 pm] Brian Shim: maximum liars poker on expiration
[03:42:05 pm] Tom Malone: yep
[03:42:54 pm] Brian Shim: geez
[03:43:05 pm] Karen P: todd calls 16.50 close
[03:43:13 pm] paul buckles: 1513.75
[03:43:13 pm] Karen P: midpt
[03:43:17 pm] Tom Malone: 190 NFLX shorts
[03:43:24 pm] Tom Malone: looking short NFLX
[03:43:32 pm] Karen P: jeff in tpp calls 17.50 close
[03:47:19 pm] rob ray: spxu 30.82
[03:49:38 pm] Tom Malone: TY Guys
[03:49:55 pm] Tom Malone: Lets see whom is the OPEX trader of the day !!!!!!
[03:50:06 pm] Brian Shim: Tom, your execution today was uncanny
[03:50:06 pm] Tom Malone: 9 minutes
[03:50:17 pm] Tom Malone: TY very much Brian
[03:50:25 pm] Brian Shim: you deserve it
[03:50:25 pm] Tom Malone: TY for trading with me !
[03:50:33 pm] Tom Malone: Very good to have you !!!!
[03:51:01 pm] Brian Shim: TY Tom, has a good break today
[03:54:36 pm] rob ray: out spxu 30.84 +.02 chickened out did not want to ruin a great day
[03:56:03 pm] Karen P: you have had a hellacious day rob!
[03:56:33 pm] rob ray: ty made money; yea
[03:57:08 pm] Karen P: :)
[03:57:18 pm] Karen P: go on up to vwap es you slowpoke
[03:57:34 pm] Karen P: since you’re not going to have time to come back down
[04:00:12 pm] Brian Shim: wow
[04:01:13 pm] Karen P: i told the tpp guys 4 pm
[04:01:41 pm] Karen P: ‘short covering!!!
[04:02:13 pm] Brian Shim: YM green
[04:05:31 pm] Tom Malone: http://www.ttthedge.com/portfolios
[04:05:36 pm] Karen P: david will be hoarse if he talks half as much as tom :D
[04:05:57 pm] Tom Malone: Short term bearish INT bearish Long term neutral as of today
[04:06:14 pm] Tom Malone: we are in short and bonds and safe into next week
[04:06:48 pm] Karen P: yes loop a 60m recording of the wit and wisdom of tom malone
[04:07:47 pm] paul buckles: commited to this dip now with spy march 150 puts
[04:08:23 pm] Tom Malone: S&P 500 extends weekly win streak to 7 on.mktw.net/15iCjpo
[04:08:27 pm] paul buckles: fighting the fed
[04:08:34 pm] Tom Malone: Dow down 2nd straight week
[04:08:57 pm] Tom Malone: markets are seemingly losing the momo
[04:09:22 pm] paul buckles: need to see some bear follow through
[04:09:55 pm] Tom Malone: they keep popping them
[04:10:05 pm] Tom Malone: can’t hold any selloffs
[04:10:19 pm] Tom Malone: but we did have a down day !
[04:11:54 pm] paul buckles: maybe risk meter should go to 20? seems to pin 10 a lot
[04:12:16 pm] Tom Malone: yes …it usually does not do that
[04:12:28 pm] Tom Malone: just shos how overbought the market is
[04:12:36 pm] Tom Malone: we should rarely get 10 risk
[04:12:46 pm] Tom Malone: but we have had a very RARE week
[04:12:51 pm] Tom Malone: historically
[04:13:00 pm] Tom Malone: 1.4% SPX up on the month
[04:13:24 pm] paul buckles: rarele lately a 10 to down side
[04:14:24 pm] paul buckles: amen
[04:15:18 pm] Raja Gopalan: lol
[04:15:29 pm] Barbie .: YAY Raja!!!
[04:15:29 pm] Cheri White: yea Raja!
[04:15:32 pm] Tom Malone: TREMENDOUS CALL
[04:15:32 pm] Karen P: raja the wiener :D
[04:15:34 pm] paul buckles: gj
[04:15:46 pm] Raja Gopalan: seen too many days where the late day rallies close on the vwap
[04:16:05 pm] Karen P: bastard overshot it and then came down to it
[04:16:09 pm] Raja Gopalan: lol
[04:16:20 pm] Tom Malone: 1517.00 YAHOOOO
[04:16:21 pm] Karen P: great call :D
[04:16:32 pm] Tom Malone: RAJA has a party going on tonight
[04:16:47 pm] Cheri White: Have a great weekend!
[04:16:53 pm] Tom Malone: TY CHERI
[04:16:56 pm] Tom Malone: TY all
[04:17:14 pm] Tom Malone: WE will see you all Wednesday …treat DD good on Tuesday !!!!!!
[04:17:25 pm] Tom Malone: I will keep in touch via e-mail !!!!
[04:17:44 pm] Raja Gopalan: see u nxt wk
[04:17:49 pm] Cheri White: Celebrate
[04:18:32 pm] Karen P: pit bull still talking about shorting
[04:19:14 pm] Raja Gopalan: where, Karen?
[04:19:22 pm] Raja Gopalan: ironic I am reading his book currently
[04:19:32 pm] Karen P: saw it on MTS
[04:19:35 pm] Tom Malone: I am still talking !!!!
[04:19:35 pm] Raja Gopalan: k
[04:19:39 pm] Tom Malone: That is good
[04:19:39 pm] Karen P: he got short a couple of days ago
[04:21:46 pm] Karen P: sorry i have no further details
[04:22:00 pm] Tom Malone: everyone has got some shorts …that is why it will not go down ?
[04:22:12 pm] Tom Malone: we all know it but we still have to protect
[04:22:18 pm] Tom Malone: the gains are very small
[04:22:33 pm] Tom Malone: but still kinda nagging painful shorts
[04:22:35 pm] Karen P: put buying buoying it up?
[04:22:37 pm] Tom Malone: unnatural
[04:22:42 pm] Tom Malone: yes
[04:22:47 pm] Tom Malone: VIX buying
[04:23:03 pm] Tom Malone: everyone prepared for corrrection that may not come
[04:23:06 pm] Karen P: well we’ll see what happens now feb opex is behind us
[04:23:11 pm] Tom Malone: I think it takes a black swan
[04:23:22 pm] Tom Malone: sequester / war / currency crash
[04:23:27 pm] Tom Malone: news driven
[04:23:38 pm] Tom Malone: WMY lasted 2 hours today !
[04:25:27 pm] Karen P: have fun!
[04:25:39 pm] Tom Malone: Have a great weekend and God Bless y’all
[04:25:46 pm] Tom Malone: TY Karen

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